Exam (elaborations)
iaaO 300 complete course review (actual exam)questions,answers 2024 – 2025
- Course
- Institution
iaaO 300 complete course review (actual exam)questions,answers 2024 – 2025
[Show more]
Content preview
iaaO 300 complete course review (actualexam)questions,answers 2024 – 2025
What is the most detailed cost estimation method? - ANSWERS-Quantity Survey
Cost models are what type of model? - ANSWERS-Hybrid(Generic) Cost Model
Trending using medians would be done by dividing the target median by the
actual median. True or False - ANSWERS-True
The IAAO acceptable median range is what? - ANSWERS-0.90 to 1.10
Supply and demand factors determine Real Estate values. Which are not supply
factors?
a. Building costs
b. Interest Rates
c. Economic Conditions
d. Location
e. Construction Quality
, f. Condition - ANSWERS-d.,e.,and f.
Hybrid or generic models are reflective of which approach to value? - ANSWERS-
Cost Approach
What type of model is the following formula? MV=GQ x ((PL x SIZE)+(PB x SIZE)) -
ANSWERS-Simple Hybrid (Generic) Cost Model
What is the main difference between single property appraisal and mass
appraisal? - ANSWERS-1. Group vs Particular 2. Mass Appraisal emphasizes
standardized and statistical quality control features
In the Appraisal Process, "Define the valuation problem" does not include which
of the following:
a. Define the Value to be developed
b. Identify limiting conditions or limitations
c. Date of the value
d. Competitive properties
e. Identify intended use and users of appraisal
f. Develop highest and best use opinion - ANSWERS-d. and f.
What should a reappraisal start and end with? - ANSWERS-Ratio Report
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseLNJ. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now